Karachi: The Pakistan Stock Exchange (PSX) experienced a notable uptick on Monday as the KSE100 index climbed by 638.49 points, closing at 118,971.40. This represents a 0.54% increase from the previous session, marking a strong day of trading for the country's leading stock index.

The rise in the KSE100 index was accompanied by a 0.66% increase in the KSE30 index, which closed at 36,204.60. The PSX's market capitalization also saw a 0.53% growth, reaching Rs 14,423.58 billion, or approximately $51.13 billion.

Among the top gainers on the KSE100 index were Kohat Textile Mills Limited (KTML) with an 8.88% rise, and Pakistan Oilfields Limited (POML) with an 8.58% increase. Pakistan Telecommunication Company Limited (PTC) also saw an 8.03% uptick.

Conversely, K-Electric Limited (KEL) and Pakistan Services Limited (PSEL) were among the day's losers, registering declines of 6.28% and 2.28%, respectively.

The trading volume was robust, with a total of 741.65 million shares exchanged, valued at Rs 23.91 billion ($84.77 million). Volume leaders included Worldcall Telecom Limited (WTL) and K-Electric Limited, with significant trading activity observed.

Regionally, other markets displayed mixed results. South Korea's KOSPI index gained 1.9%, while Indonesia's JKSE and Malaysia's KLSE both experienced slight declines of 0.3%.

The PSX's performance reflects a year-to-date increase of 3.34% for the KSE100 index in the current fiscal year. With the market continuing to show resilience amidst various economic challenges, investors are closely watching the indices for further cues.